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I think it will vary based on where you are in the talent pool. Tech talent distribution is tri-modal [0]. The demand for the kind of people who can comfortably
by Hermitian909 5y ago
I think it will vary based on where you are in the talent pool. Tech talent distribution is tri-modal [0]. The demand for the kind of people who can comfortably be part of the rightmost peak (and even moreso, its right tail) is increasing rapidly. As tech gets better the leverage high performance individuals have gets bigger, not smaller.
I'm less hopeful for people in the leftmost peak or middle peaks. For decades tech has been slowly eating its low-end. Think of all the webmasters of the 90s made obsolete by sites like Squarespace, the work has more or less been completely deskilled. I think that trend will continue.
[0] https://blog.pragmaticengineer.com/software-engineering-salaries-in-the-netherlands-and-europe/ https://blog.pragmaticengineer.com/software-engineering-sala...
- 1270018080 5y agoI feel like that article just affirmed my position though. An Uber job that would've been $400k in SF is now $250k in NL. You might think "Wow Group 3 is growing, good for us workers," but the absolute peak of Group 3 is falling.
- Hermitian909 5y agoTop SF pay is increasing faster than 5 years ago, not slower. The same appears to be true in NL. My interpretation is that NL group 3 salaries are going towards SF but are kept lower by the lack of a local middle market and the various difficulties pulling in devs from a smaller country in a different time zone from most big players.
- comp_throw7 5y agoYeah, as the other reply said, that 400k L5a (Senior I) Uber job in SF is now paying 580k first year & ~520k/year annualized over 4 years (increased stock grants, large sign-on bonuses, front-loaded vesting). Amazon increased the top of their mid-level payband by ~100k and the top of their senior payband by ~200k. 500k/year is the new "target" senior comp at FAANG & co (where previously 350-400k was what you were looking for). The international numbers are playing catch-up but it's not really slowing things down very much in the US.